On June 7, Circle (CRCL), the second-largest US dollar stablecoin issuer, went public on the New York Stock Exchange on June 5 at an initial price of $31, surging 168% on its first day of trading and rising nearly 30% on June 6, with a cumulative two-day increase of 247%. This listing is viewed as a significant milestone in stablecoin regulation and mainstream financial integration.
Bitunix analysts suggest: Stablecoins are moving towards a new stage of "sovereign regulation + financial application", and USDC, as a high-compliance representative, has medium to long-term growth potential. In the short term, investors should be cautious of potential pullback risks from CRCL's listing hype. If market optimism about regulation continues, attention can be paid to compliant stablecoin token projects or financial application sectors (such as cross-border payments, RWA). In the medium term, investors can monitor the performance of DeFi protocols with high USDC integration. It is important to note that if audit trust issues arise, it may affect the overall valuation and market liquidity of stablecoins.
